1.

Identify and explain the concept from given illustrations.Santosh invested money in share market and the broker does fraud in company.

Answer»

Concept: Financial Scams 

Explanation : Financial scams are the frauds and manipulations done by the stock brokers for their personal benefits. Increasing number of financial frauds have resulted in irreparable loss for the capital market.

It also leads to public distrust and loss of confidence among the individual investors.



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